Mining Equipment Market Research Reports & Industry Analysis

The mining industry is defined by activities generally described as extraction or the physical removal of solid ores, materials and substances from geological deposits. Mining is responsible for the supply of various metals, rare earths, uranium, coal, diamonds, building materials, stone, rock, and various chemicals and industrially-important solids. The recovery of petroleum deposits in shale, sands or bitumen is also commonly referred to as mining when the surface is excavated and earth is removed, as opposed to methods that use wells and thermal energy, gases, chemicals or waters to produce the petroleum and bring it to the surface.

Heavy industry-manufactured vehicles, equipment and machinery are applied in the modern mining sector to explore geological deposits of economically-vital and valuable mineral, ore, and chemical substance deposits, develop mines to access the deposits, and to remove or mine away the deposits for stockpiling and storage prior to ore and material processing. Examples of mining equipment products include bulldozers, mining trucks, trams, elevators or lifts, excavators, drills, control and support systems for explosives, hoppers, filtering screens (trommels), centrifuges, hydro cyclones, sluices, mechanized shovels, cranes, lighting equipment, power equipment (generators), sensors, and life support and emergency equipment and supplies. Although delineated as a separate stage in the mining chain, processing plants can be located on or near the mine and include mechanical - mills, crushers, roasters – or chemical – chemical baths or tanks and mixers - equipment to extract the desired materials, minerals and compounds from ore.